An arbitrator has ruled in favour of Nokia in its dispute with RIM over the use of certain patents related to WLAN technology, reports Reuters. Nokia said the arbitrator had found that RIM was "in breach of contract and ... not entitled to manufacture or sell WLAN products without first agreeing royalties," and the vendor has now filed cases in the U.S., U.K. and Canada in a bid to enforce the ruling in those countries. (See Intellectual Property Boom.)
MegaFon's initial public offering (IPO) kicked off today on the London stock exchange, with shares priced at US$20, the bottom end of the guided range, reports the Daily Telegraph. Within a few minutes of trading the price of the Russian mobile operator's shares had dropped slightly, to $19.76.